New Age Exploration Limited (NAE)
CXA CXA Primary Summary
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New Age Exploration Limited Profile
| Metals & Mining Industry | Materials Sector | Mr. Joshua J. Wellisch CEO | CXA Exchange | - ISIN |
| Australia Country | - Employees | 18 Jun 2018 Last Dividend | - Last Split | - IPO Date |
Overview
New Age Exploration Limited is a mining exploration company with a broad focus on various mineral properties across the United Kingdom, Australia, and New Zealand. With its headquarters based in Melbourne, Australia, the company is actively involved in the exploration of valuable minerals including gold, lithium, caesium, tantalum, and metallurgical coal. It has garnered significant attention for its 100% ownership in several high-potential projects, including the Pilbara gold and lithium projects in Western Australia and the Lochinvar metallurgical coal project in Scotland. Additionally, New Age Exploration holds interests in projects located in Central Otago and Marlborough, further diversifying its exploration portfolio. The strategic locations of these projects, coupled with the company’s focus on in-demand minerals, position New Age Exploration Limited as a significant player in the global mining exploration industry.
Products and Services
- Gold and Lithium Exploration
New Age Exploration Limited is actively involved in the exploration of gold and lithium through its Pilbara projects in Western Australia. Covering an area of approximately 1893 square kilometers, these projects aim to uncover significant reserves of gold and lithium, two of the most sought-after minerals due to their use in various industries, including technology and renewable energy.
- Metallurgical Coal Exploration
The Lochinvar metallurgical coal project, located in Scotland, is another cornerstone of New Age Exploration's portfolio. Holding a 100% interest, the company explores for high-quality metallurgical coal used primarily in steel production. This project underscores New Age Exploration’s commitment to contributing to the global steel industry.
- Gold Exploration in New Zealand
New Age Exploration holds interests in two projects in New Zealand - the Central Otago project, located west-northwest of Dunedin, and the Marlborough gold project, located south-east of Nelson. These projects underscore the company’s effort to explore for gold in New Zealand, known for its historic gold mining.
